Just thoughts...if I had a few thousand lots left to unload into a peaking market I might pick the 50% retrace of the last sell to do it...maybe...just thoughts....

AUD/USD

As in someone or some entity who would like to "supply" a lot of contracts into the market...

AUD/USD

Hmm...if I was supply...

AUD/USD

Thanks Patience. Obviously has a lot to do with the timezone issues between brokers, which is why I like to stick to M30 or H1 charts where possible! Looks like my shorts got taken out on the way home, that's ok with me, didn't cost me anything ...

AUD/USD

People keep mentioning this and I took it for granted but just checked on my chart AUDUSD W1 is not an engulf, the open is lower than prev weeks open. Engulf means: opens higher than prev candle open, closes lower than prev candle close... ...

AUD/USD

Fair enough bro, I prefer it like this anyway, I don't like to lose money + be wrong + nobody else makes money. At least if I am wrong and lose a bit then you are right and make a bit My opinion is that Monday was just a big fat short squeeze ...

AUD/USD

Isn't it funny how fundamentals can blind us to what is happening? In 2004 you thought USD was the beez-neez and could do no wrong. Fundamentally, you were so very correct! The only problem is the expression of those fundamentals, you thought "USD = ...

AUD/USD

Equities are off in la-la land you have to admit that! Equities (especially the Canadian and Australian bourse) can rise on falling currency. Don't get too fixed on the USD/bourse correlation as this year it has mostly been affecting XAUUSD rather ...

AUD/USD

You mean 75.16 right? We are already way above 74.16 for the day. I think it is possible AUDUSD could see daily S3 (0.9005), but as far as I am concerned, this pair remains in range until it makes an hourly close above the 61.8% fib line I showed ...

AUD/USD

There is a gap, and we might fill it, but DX looking bullish to me. Happier to be a dollar bull than dollar bear at this point!

AUD/USD

Still holding a few from the 91655 region added more 9136 region, all locked in or at free trade status, no losses allowed. Got short stops at 9105, which were missed being filled on my broker by 0.3 of a pip as demand came in on daily S1: image

AUD/USD

url "Trendmagic is dead simple. It just calculates a (by default) 50-bar CCI and looks to see if it is above/below zero. Then it adds or subtracts a (by default) 5-bar ATR. That's all!! But it works really well."

AUD/USD

That was quick. I've been taking chunks out of the market in 10 pip lots all day, move stops to BE + spread to lock losses out. Adding sell stops at 9105 with 30 pip SL.

AUD/USD

I will add some shorts back into the pile here, nothing major, just to keep the ball rolling until we break out of yesterdays range.

AUD/USD

Sounds like all I heard in July 08 all over again. USD has a lot of problems which everyone is aware of but they somehow suffer collective amnesia when it comes to the problems with the rest of the world currencies? If there is a continued systemic ...

AUD/USD

Good chart G_man! The 80 level is absolutely crucial for AUD/JPY.

AUD/USD

I disagree with neither of those statements but unfortunately feel like none of that is really happening here.

AUD/USD

forexlive mentions price was bid by local buyers on that spike down, it was pretty apparent for anyone watching in real time, sellers ran into demand big time. Only a break of yesterdays range will get me interested in adding meaningful sized ...

AUD/USD

I've got one, why does "this mean north".

AUD/USD

You guys spend entirely too much time playing the "why" game. I have a why for you...why are you even interested in the "why". Trade your chart. Still holding the same shorts I was before lunch, but offloaded a few on the news spike down. As long as ...

AUD/USD